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Fortune
Fortune
Nick Lichtenberg

'Retiring backwards': How cold economic reality forced Gen X into something like the reverse of baby boomers' golden years

Picture a 58-year-old getting the band back together, literal instruments, amplifier, van, and all, or dusting off a skateboard he hasn’t touched since the Reagan administration, and calling it a retirement plan. Financial planners have given this a name: “retiring backwards,” a wave of Gen Xers returning to the hobbies of their youth instead of dreaming up new pursuits the way baby boomers did.

Benjamin Brandt, the founder of North Dakota’s Capital City Wealth Management and the host of the YouTube channel “Even Better Retirement,” has watched the pattern develop across his client base and offers a clean explanation for why.

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